The price of OX soared after the festival

According to the OX price chart of SunSirs, it can be seen that the price of OX has risen sharply after the festival. As of February 11, the price of OX was 7,800 RMB/ton, up 9.86% from the price of 7,100 RMB/ton on February 1 at the beginning of the month. Affected by the surge in crude oil, the cost of OX has risen, and the price of OX has risen.

Raw material mixed xylene prices rose

According to the mixed xylene trend chart of SunSirs, it can be seen that the price of mixed xylene rose sharply this week and then fell back, an increase of 16%. Affected by the surge in crude oil prices during the Spring Festival, the price of mixed xylene fluctuated upwards, the cost of OX rose, and the driving force for the rise of OX increased.

Downstream PA prices fluctuated up

It can be seen from the price chart of PA in SunSirs that the price of PA stabilized after the rise after the holiday. As of February 11, the price of PA was 8,525 RMB/ton, an increase of 7.54% from the price of 7,925 RMB/ton on February 1 at the beginning of the month. After the holiday, the price of PA rose, the demand for PA was temporarily stable, the price of PA stabilized in the market outlook, and the downstream situation stabilized strongly, the demand for OX was temporarily stable, and the rising momentum of OX still existed.

Market outlook

Affected by the sharp rise in crude oil prices, the price of the raw material mixed xylene fluctuated up after the holiday, and the price of PA fluctuated to stabilize, and the favorable factors for downstream sentiment still existed. In general, the cost of OX is rising, the demand is good, and the driving force for the rise of ortho-benzene is increasing. It is expected that the price of ortho-benzene will adjust strongly in the future.

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